Uniper and Singapore’s Pavilion Gas sign LNG deal providing accessto their assets in respective home markets
• Deal will enhance flexibility within portfolios of both companies
• Uniper will benefit from access to LNG assets in Asia
Uniper Global Commodities SE, Germany, and Pavilion Gas Pte Ltd, Singapore, are
expanding their liquefied natural gas trading businesses with an agreement to provide
each other access to its LNG asset base and associated flexibility from the assets.
The multi-year agreement between the companies provides Uniper access to
Singapore storage and reload facility while Pavilion benefits from the access to LNG
Re-gas capacities in Gate LNG terminal (Rotterdam, The Netherlands) and Grain LNG
terminal (United Kingdom).
The deal therefore will provide Pavilion access to UK and Continental European gas
markets, while Uniper will benefit from getting access to LNG assets in the Asian
This deal will enhance the flexibility within the diverse LNG portfolios developed by both
companies over the years. It will further create LNG logistic optimization abilities for
both companies between Atlantic and Pacific basin.
Uniper brings its long track record of being one of the biggest mid-stream LNG and gas
portfolio players in Europe to the deal while Pavilion provides all the experience from
the South East Asian LNG market with focus on Singapore.
Keith Martin, member of the board of Uniper SE, said “Uniper is very pleased to have
signed this agreement with Pavilion Gas. Combining Pavilion Gas and Uniper's LNG
and midstream capabilities provides a way for our respective companies to broaden our
portfolios now and in the future through this cooperation. We are thankful to the
Pavilion Gas team for their efforts over the past months in concluding this important
Agreement with Uniper.”
Both companies will be looking to co-operate further in different areas of energy trading
providing extensive experience of their home markets and venturing into new markets